People’s Partnership1, which provides the People’s Pension, has appointed a Chief Risk Officer to help oversee its rapid growth and transformation.

José Morago joins one of the UK’s fastest growing asset owners from Allianz UK, where he led the risk function within the personal lines and speciality businesses. His career has also seen him hold senior risk executive positions at the Financial Conduct Authority (FCA), Aviva Group and Ageas UK among others and has seen him work across Europe and the USA.

He joins People’s Partnership, which serves seven million pension savers and manages more than £30bn in assets, during a period of significant change for the industry following the launch of the Pensions Schemes Bill2, last month. The appointment means José will oversee the organisation’s risk and compliance functions, playing a pivotal role in guiding the business through a dynamic and evolving pension landscape.

José said of his appointment:

“I’m genuinely excited to be joining People’s Partnership because their strong social values and a commitment to putting customers first align perfectly with my own. In my experience, an organisation that truly focuses on delivering customer value and keeping its promises creates the right environment for effective risk management.

“I’m excited to be able to help continue the development of People’s Partnership’s risk framework and practices as a key enabler of sustainable growth for the business, positive customer outcomes, and stakeholder trust.”

Patrick Heath-Lay, Chief Executive Officer of People’s Partnership, said:

“José’s appointment is fantastic news for the organisation and its members, due to his rich experience and expertise in risk management and regulation. He is joining us during a period of rapid growth for our organisation as well as significant change for the workplace pension sector and I look forward to working with him as we navigate the regulatory changes.”

ENDS